Land prices / Niigata / Shibata-City

2025 published land transactions

Otemachi land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Otemachi, Shibata-City. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2025)
JPY 25,410 / m²JPY 25.41K / m²
Median sample 3Five-year sample 14
Estimated price for 100 m²
JPY 2.54M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.14M
100 m² building using the 2025 benchmark

Otemachi location

Otemachi location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2025)

Middle 50% price range
JPY 20,419 / m² – JPY 27,074 / m²JPY 20.419K / m² – JPY 27.074K / m²
Average transaction price
JPY 23,192 / m²JPY 23.192K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.27MJPY 1.02M JPY 1.35M
100.0 m²30.3 tsuboJPY 2.54MJPY 2.04M JPY 2.71M
150.0 m²45.4 tsuboJPY 3.81MJPY 3.06M JPY 4.06M
200.0 m²60.5 tsuboJPY 5.08MJPY 4.08M JPY 5.41M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions2
Indicative
3
Indicative
4
Indicative
2
Indicative
3
Indicative
Official observations11111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07380.0 m²JPY 6MJPY 15,428 / m²JPY 15.428K / m²17.5 mCategory I residential zone
2025-0730.0 m²JPY 900,000JPY 900KJPY 28,738 / m²JPY 28.738K / m²1.5 mCategory I mid/high-rise residential zone
2025-0195.0 m²JPY 2.5MJPY 25,410 / m²JPY 25.41K / m²5 mCommercial zone

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Otemachi land-price summary

The median published transaction price in Otemachi for 2025 is JPY 25,410 / m²JPY 25.41K / m². A 100 m² plot would therefore be about JPY 2.54M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Otemachi

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗